According to the United States Bureau of Labor Statistics, U.S. inflation rose 8.6% during May 2022.1 Regardless of your political affiliation, we all feel the pain of inflation. Higher gas prices, higher food prices, higher housing costs, and higher energy costs are side effects of inflation. I’m not an economic expert, but I know that continued inflation will create severe economic hardship, which will affect the middle and working classes the most. Beyond higher prices, pandemics, and supply chain issues, could this inflation be a sign of something worse to come?
The Book of Revelation describes a harrowing time to come shortly. Revelation chapter six deals with the opening of six of the Seven Seals. The first four seals are commonly referred to as “The Four Horseman of the Apocalypse.” The first horseman rides in on a white horse and goes out to conquer (Revelation 6:2). This horseman is clearly the Antichrist, who will come to power before Jesus returns. The second horseman rides a red horse and makes war on the world (Revelation 6:4), which will result in the death of untold numbers of people. The third horseman is going to be my primary focus.
“And when opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand. And I heard a voice in the midst of the four beast say, A measure of wheat for a penny , and three measure of barley for a penny; and see thou hurt not the oil and the wine.” (Revelation 6:5-6, KJV).
The sequence of events so far is the Antichrist comes to power, war breaks out, and there is hyperinflation and food shortages. The word “penny” in the King James Version does not give an accurate description as we understand penny. The word should be translated denarius, which equaled a day’s wages. The New American Standard translates penny as denarius and the NIV simply translates it as a day’s wages.
Imagine for a moment that it took a day’s wages to buy a loaf of bread or other essential foods. Now try to pay your bills or housing payments when it took everything you made today to buy bread. Wheat and barley were essential everyday items for the First Century people, as they are for us today. So if people are unable to afford food, then many people will go hungry and die of starvation, which leads into the fourth horseman, who rides on a pale horse, the rider is identified as Death (Revelation 6:7-8). One of the ways Death kills people of the earth is hunger, or famine.
The world’s economy is in freefall and it looks like we are heading to a global recession. It may get worse before it gets better. However, global leaders seem either unwilling or incompetent to fix the current economic climate. The question comes what is this leading to? Once again, the Word of God provides us with the guidance and understanding we need to get through these times and the times which lie ahead. We are so close, brothers and sisters, we must remain vigilant, watching the times and seasons. Stay encouraged and await the return of our Savior. God bless.